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" today. i'm maria bartiromo coming from you live today from oracle, the open world conference in san francisco. we have the interview you've been waiting for on the horizon. don't miss my interview with oracle ceo larry ellison. we have his take on oracle's future, how he's making a splash in and out of the executive suite and of course the economy and business in america as well as globally. we're going to talk with him at 4:30 p.m. eastern. before that, we have some heavy hitters coming up, including the former yahoo! ceo and the coca-cola ceo. all of a that coming up in the program. meanwhile, let's get back to the markets. we have a double-digit decline. in fact, it looks like the dow is on track to close lower for the sixth time in eight trading sessions. the dow jones industrial average now at 13,436, a decline of about 0.5%. if we close lower today that, would be the sixth decline in the last eight trading sessions. a bit of worry about earnings on the trading horizon, as we are expected expecting the stream of earnings to take effect. weakness in apple today. it is about 5% o
of oracle corp, mark hurd. i'll see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to "the closing bell." i'm maria bartiromo coming to you today from san francisco. we're following up the close this monday night. stocks losing steam in the final hours of trading today. dow industrials had a rip roaring day, thebest, up as many as 161 points. after stronger than expected manufacturing data set the tone this morning for this market. stocks gave back much of the gains after federal reserve chairman ben bernanke defended the central bank's latest bond buying stimulus program. is that a red flag that this fed-fueled rally is in trouble? top strategists are weigh in tonight. take a look at how we're finishing the day on wall street. as you can see, things settled out, dow jones industrial average held on to a double-digit move, although well off of that 161-point rally. the nasdaq went negative, although it, too, came back off of the worst levels finishing flat on the session. that had everything to do with apple. apple stock today d
oracle headquarters in san francisco, where i'll be speaking exclusive by with oracle president mark hurd later on in the program. hope you'll stay tuned for that. >>> meanwhile, we've got to talk about this big rally. i have to ask hurd what he makes of this market. for whatever reason, it keeps going higher. >> yeah, whether that has something to do with corporate earnings, we will know soon enough, momm maria. the dow was up 163 points at one time today. at the high of the day, the big gains coming before investors took in fed chairman bernanke's comments this afternoon we've all been talking about. we will have reaction to that address in the q&a session plus the outlook for the last three months of the year in just a moment. first a look at the major averages. a rally on the open this morning, mainly on the report that manufacturing started to grow again for the first time since may. construction spending was not great. that may have taken some of the sheen off this rally today. the dow up. 117 points right now at 13,555. the nasdaq's up 5.25 points. well off its high set in the open
90 days before things took effect and justify to students why hikes were needed. >>> oracle just about to unveil the next generation of its top selling data base. we're live right there. this is the oracle open world event in san francisco. now, oracle ceo larry ellison will be introducing the database designed for cloud computing. you can see the roads are blocked off and the security guards are there. what's going to happen is the first new version of this in five years. oracle will be showing off and introducing some of the high end servers as well. the systems are designed to handle corporate data more officially. that's later in san francisco. >>> you may want to leave the house a couple minutes earlier than usual to get a free coffee on your way to work. 7-11 is giving away a large coffee or latte between the hours of 6:00 and 10:00 a.m. they call this cof-free day. several other food chain across america, including krispy kreme are offering free coffee. to pam, sal, steve. >> i may be able to make it in there before 10:00 a.m. rush over to 7-11. >> that's right. you can al
distracting so be careful. oracle world coming to mosconey howard street closed between third and fourth major delays south of market. >>> something else commuters need to know you have to be prepared for days if you plan to drive in san francisco tonight. bike riders are expected to jam city streets to mark the 20th anniversary of critical mass. it began two decades ago when 50 people chose to ride their bikes home from work together. sometimes it numbers in the thousands. it has sparked periodic altercations between drivers and cyclists. no word what might happen. police say they will be ready for anything. >> we'll have extra people with them we use motorcycles, and bikes. >> there's no predicting how many will show up when the ride begins at the foot of market street 6:00 tonight or which streets the riders will take over, so be ready. >>> this morning the investigation continues into a fatal crash in novato that took the life of a 12-year-old girl riding her bike. amy hollyfield joins us from the scene. >> reporter: this spot where she was hit is now marked by flowers and a couple of cand
. >>> tens of thousands of people are decenting on san francisco for the oracle conference. >> here's sunny hostin with america's money report. >> reporter: good morning. cyber attacks on u.s. banks, websites of some of the country's biggest banks undenial of service attacks where hackers launch barrage of traffic overwhelming the sites a middle eastern group is believed to be responsible. cried owl places up ly after israeli prime minister benjamin netanyahu issued stern warning about iran's nuclear program. the nation's four largest auto rental companies are agreeing they won't give customers cars that have been recalled but not fixed. the four companies say she will support legislation to legally enforce the prop. prices for apple going up because of -- prices for apples going up because of crazy warm weather. i'm sunny hostin. have you heard of the new dialing procedure for the 408 and 669 area codes? no, what is it? starting october 20, 2012, if you have a 408 or 669 number, you'll need to dial 1 plus the area code plus the phone number for all calls. o.k., but what if i have an 408 nu
. in livermore, nick smith, ay7 news. >> coming up, the annual oracle user conference starts tonight at the moscone center. >> and also a piece of history buried below the streets of san francisco. we will show you the unusual find. >>> and here is a live look from our emeryville hd camera. it's going to be in the low 80s in emeryville today. lisa argen will have more on that and your forecast in just a few minu ah. fire bad! just have to fire roast these tomatoes. do you churn your own butter what? too? this is going to give you a head start on your dinner. that seems easier sure does who are you? [ female announcer ] new progresso recipe starters. five delicious cooking sauces you combine with fresh ingredients to make amazing home-cooked meals. ♪ ambiance [ female announcer ] new progresso recipe starters. your head-start to home cooked. >> welcome back, everyone. it's 5:39. hope your early sunday morning is off to a good start. this is a live look from our roof cam hd showing you the embarcadero and the bay bridge there. san francisco should be nice today. eventually
an opportunity to save as much in energy costs. in livermore, nick smith. >> coming up, the annual oracle user conference starts tonight at the moscone center. find out who is bogey to welcome the attendees this evening. and also a piece of history buried below the streets of san francisco. we will show you the unusual find. and here is a live look from our roof cam, showing the flag waving in the background with the bay bridge. it is a spare the air day on this last day of the month. lisa argen will have your forecast in >>> an unusual find in san francisco. part of the old city hall destroyed by the big quake and fire more than 100 years ago just recently turned up. crews discovered the ruins on fulton and hide streets about two blocks from where the current city hall now stands. >> people who central along the sidewalk by san francisco's civic center probably have no idea that below them is a piece of the past. when the great quake of 1906 struck, it left the magnificent city hall in ruins. it's dome became a symbol of the disaster. now crews have made a historic find, remnants of the old s
2.3 billion in cash. results after the bell. back to you. >> oracle ceo larry ellison is one of the richest men in the world of course worth more than $30 billion, but he's doing some things that have really caught the eye of our wealth editor robert frank. robert? >> that's right, tyler. when we come back, why is larry elson, a man as you said worth more than $30 billion, borrowing so much money? and should shareholders be concerned with all his spending? we'll have more when we come back. low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-
budget. >>> elsewhere, on the heals of apple's debut of the flawed apple app, oracle customers sl l have access to nokia's services. >>> hewlitt packard is set to roll out a new device that will work with microsoft's new windows 8 operating system. the elite pad 900 comes at a time when, according to new research, half of all adult americans now own either a tablet computer or a smart phone. >>> and finally, who says that crime doesn't pay? two guns that belonged to famed partners in crime bonnie and clyde sold to an anonymous buyer for just over half a million dollars at an auction over the weekend. >>> a quarterback makes history, and nfl teams break out a bag of tricks. >>> plus, a colossal collapse at golf's ryder cup championship. your early morning sports headlines are straight ahead. >>> and all the heavy rain over the weekend and this morning in the southeast is on the move. i'll tell you where it's heading coming up. you're watching "early today." >>> well, good morning. if you're just waking up, this is "early today." in sports, the europeans played their hearts out yesterday,
for a special interview oracle cofounder and ceo and the third richest american larry elliston will be our special guest. keep it here where wall street meets main street. have a great week, everybody. i will see you next weekend.
as door man. >> hardly -- also the hardly strictly bluegrass festival in golden gate park, oracle open world, private pearl jam concert on treasure island, italian heritage parade and castro street fair, giants in the playoffs and 9ers home. >> you can navigate around all these events or your usual traffic jam with waze, abc7's free traffic app, waze will reroute you around any major issues. you can download it free from abc7news.com/waze. if case you are planning your weekend when to watch the giants they will open up their playoff at home saturday against either cincinnati or washington. with all those events going on the whole weekend will be a lot of traffic. >> and a lot of fun if you can hold on 24 hours maybe even a little cooler. here's mike. >>> things will change drastically, starting tomorrow as we get deeper into the week. morning for now nearly calm to light east wind at hayward three miles per hour light wind out of the south at three concord just a breath south of the southwest at fairfield at three that is one of the reasons why we are going to have heat once again high
this ban. >>> what's still ahead for the estimated 50,000 attendees at the oracle world conference in san francisco. what appears on the surface to be an understated example of unequaled american achievement, is actually an extremely sophisticated apparatus of goodness and flavor, bonded together by a perfectly aged, all natural, tasty... gooey... blanket of love. >>> the you city of -- the city of richmond is set to reach out to chevron. this follows weeks of criticism after the massive fire at the refinefully august. the city wants chevron to help create a research campus at the marina bay. city council believes this could be a green tech center. >> i mean, chevron has sort of acknowledged that -- in a number of ways that -- that they want to increase their presence in richmond. >> the city council is expected to make their request tomorrow. chevron has said it is not in a position to make any long-term investment decision until a plan to modernize it is successfully submitted. >>> pg&e crews want to warn people of possible odors say near highway 280 and edgewood road. and this is part
. >>> today's day three of oracle's world conference. now, ceo, larry ellison, will be delivering the keynote speech about cloud computing and social media. this runs through thursday. >>> they will be outside. more hot weather a's. it may even be -- ahead. it may even be hotter today. up next, steve paulson will have the forecast for your area. >>> and it's pretty slow in the south bay right now. i will give you an update on that commute. ♪ [ female announcer ] at yoplait, we want you to feel even better about your favorite flavors. so when you call, tweet, and post, we listen. that's why yoplait light and yoplait original are now made with no high fructose corn syrup. and why we use only natural colors and natural flavors in yoplait original. so, anything else we can do for you, let us know. but you'll keep it to yogurt, right? 'cause we shouldn't really help with your love life. yoplait. it is so good! >>> sexual assaults are on the rise around the uc berkeley campus. that's according to a new police report. uc campus police say 24 cases were reported last year compared to only four in 2
sophisticated. >>> san francisco is gearing up to welcome thousands of people to this world's oracle of -- organizers say the conference will feature discussions about industry trends, future technology and innovation. ceo is said to welcome the new database. more than 60,000 people are expected to attend. goes until next thursday. >>> now you can get ktvu news to go, download the app, click on the live icon and you can watch all of our newscasts live on your device. >>> quake early morning system that we told you about last night. the high-tech system is designed to automatically slow bart trains during a sizeable quake. u.s. seismologists say we are already behind other countries. >> right now in japan they have developed an early warning system. we are behind them already. >> reporter: a fully operational system would cost about $150 million. no word on an outcome today. >>> 10 and 11-year-olds paid a bounty for big hit. the action that's being taken. >>> and i'm back here in just a couple of minutes. i've got your weekend forecast and it promises to be a warm one. >>> and in just
is shut down between 3rd and 4th. they have oracle open world going on in that area. so it really has been causing a mess of a commute. my traffic producer says every day she has to take bart if she is in that area because there's just such congestion around that south of market area because of that one block of howard being closed. back outside, here's a live look "timesaver traffic" camera this is the nimitz, dark, but the oakland coliseum is there in the distance. taillights are moving northbound and overall, it's a nice drive between hayward and downtown oakland. similar story if you are commuting even farther south through milpitas. a live look at 880/237. mass transit is on time of the we have been off to a great start including all those bart trains. that's a check of your "timesaver traffic." traffic and weather together every 10 minutes, back to you. >> thank you. >>> a new report says nearly all americans will see higher taxes if congress fails to renew tax cuts set to expire at the and of the year. the two major parties are split on exactly who should continue to have reduced ta
, a special interview, oracle co-founder, ceo and third richest american, larry ellison will be our special guest. each week keep it here where wall street meets main street. have a great week, everybody. i'll see you again next week. ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services.
me for a special intervi oracle cofounder and ceo and the third richest american larry elliston will be our special guest. keep it here where wall street meets main street. have a great week, everybody. i will see you next weekend. this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference.
to their job. >>> oracle is getting ready to unveil the next generation of its top-selling database. this is a live look at the event. it actually starts on sunday. the ceo, larry ellison, will introduce the database designed for cloud computing. over 50,000 are expected in american. more than 1 million will join in on line. >>> a busy 405 freeway in los angeles will be shut down this weekend. our reporter, bob decastro, is out there right now. we've heard the threats before. are people nervous now, bob? >> reporter: you know, it depends on who you talk to. if you talk to the officials here, yeah, they are a little bit because we had karmageddon -- carmageddon i and everything went off without a hitch and so now people are thinking oh, that was easy. i can do this asly. well, that's not the case. this area here that they are working on, it will take about 53 hours. they expect about 500,000 cars pass through through any given weekend. what they are saying. they have that volume of traffic and that could mean complete gridlock in just about the entire southern california air -- area
to this world's oracle of -- organizers say the conference will feature discussions about industry trends, future technology and innovation. ceo is said to welcome the new database. more than 60,000 people are expected to attend. goes until next thursday. >>> now you can get ktvu news to go, download the app, click on the live icon and you can watch all of our newscasts live on your device. >>> quake early morning system that we told you about last night. the high-tech system is designed to automatically slow bart trains during a sizeable quake. u.s. seismologists say we are already behind other countries. >> right now in japan they have developed an early warning system. we are behind them already. >> reporter: a fully operational system would cost about $150 million. no word on an outcome today. >>> 10 and 11-year-olds paid a bounty for big hit. the action that's being taken. >>> and i'm back here in just a couple of minutes. i've got your weekend forecast and it promises to be a warm one. >>> and in just 8 minutes we will introduce you to a dear friends of ours behind the cameras right
oracle customers access to nokia's map services. the agreement would be announced today at the oracle world conference. i've never known that maps would be so important in everybody's lives. such big important -- >> huge. >> saw something over the weekend about -- >> ever a day when apple gets maps? >> apple has a lot of money. if they just start pouring all money they have into making this better, they've gotten the message. >> i talked to engineers on bring that said it is impossible, it might take you three years to get the information to be correct. it's actually the data. >> and google has truck has go up and down -- carl had written that one drove by his, the google truck that has the camera going around. >> you can't just write an al go rhythm that finds every single side street. it's a lot of roads. >> use everybody who has an iphone to replicate what google has done by having people literally use their iphone to actually take pictures of buildings. >> to help? >> yes, to help to try to recreate crowd sourcing operation. >> i'm not helping. that could be a tux tie. >> it's a w
planned this weekend. traffic is already thick in san francisco south of market area because of the oracle open world convention in masconi center. many say the roads won't be able to handle all that traffic. >> i think it'll be too many cars. as it is right now there's too many cars. >> reporter: there are several events bringing people to the city. 49ers and giants home games, fleet week, the castro street fair, two parades, and america's cup event and a three day bluegrass festival. more than 1 million people are expected. ed riskin head of san francisco's transportation agency is down playing reports this will put a strain on muni. >> that's not accurate. we have a great plan for not massive transit, but for all the regional transit providers. we've been working on this for a long time. we knew this weekend was coming. >> reporter: muni, b.a.r.t., caltrain and san francisco bay ferries have all added extra service to accommodate the events. and if you're walking, extra parking control officers will be around to monitor pedestrian safety at many major intersections. >> we're here in the
is getting ready for a major conference that is expected to cause some major traffic delays. oracle world will be going on today through wednesday and nearly 50,000 people are expected to attend the conference. parts of howard and taylor streets are scheduled to be closed. several muni lines are being rerouted. in other words, plan for traffic delays south of market near the center. >>> caltrans plans to shut down the san mateo bridge for two weekends next month. they will repair a cracked support beam under the roadway discovered back in 2010. the bridge is set to be closed from 10:00 in the evening to 5:00 in the morning october 19th through the 22nd and then again between the same hours from october 26th through the 29th. the dumbarton bridge is the best alternative for drivers looking to get around the bay. >>> construction crews say the 405 freeway will reopen in time for the monday morning commute despite an unplanned work stop. yesterday afternoon a chunk of the bridge fell along the freeway. no one was hurt but did stop the work for a while. the bridge is going to be destroyed to
and sunday. madonna about justin biever be at the oracle are we now. and also this week and there is cal football morses ucla. and to not forget that there's also the possibility of a play off game at the coliseum this weekend. get ready, there is plenty to choose from. dan kerman, kron 4. >> the oakland athletics for clinching the play offs and they are keeping their american dreams alive. we are live. and decision 2012. it is the night before the big presidential debate. president obama will square off at the first debate in colorado. and the u.s. naval blue angels are heading towards the bay tonight. we are tracking their arrival, coming up. iw >> the oakland a's clenching a spot after last night's victory. and still a possible first place in the west. j. r. stone is like. how is it going out there? >> how is it going i cannot think of a better way to spend by up to noon. fans were not without joy. this could be a packed house tonight. (dixie jazz) to they allow you to bring that? >> i do not know but we are going to find out. we've been watching the game from arkansas. >> correct. a
are incredible. we saw oracle's boat out practicing yesterday. we'll see them again today in the 72. it is phenomenal. it is foiling, which means the entire boat lifts out of the water and just has tiny foils underneath that are only about this long, so the whole boat, it's like it's hovering over the water. it's really great. it will be really neat to see them all out next summer. >> reporter: best bet for people that want to come out and see what's happening today with the practices, the qualifying tomorrow, the competitions throughout the week. you can come out to marina green. they have ana online a -- appd they have made this into a very fan friendly event. reporting live here in sf, bob redell "today in the bay." >>> if you're just joining us this morning time for a quick check of the day's top stories. the oakland a's clinched a wild card spot in the postseason after we gbeating the texas ran 4-3. the team can win the a.l. west division title with two regular season games left to play. >>> grief counselors will be on hand at albany middle school after teacher james izumizak
following breaking headlines. looking at nokia in particular. nokia now agreed to give oracle customers access to its mapping products. so obviously we have nokia, the mobile phone company, just trying to expand its location services business. you may remember that apple had a lot of serious issues with their mapping services. nokia has been working really hard on mapping, to sign mapping deals with groupon and amazon. this is the same time apple is working on that deal. nokia up 8%. back to you. ashley: very good. tracy: we'll check back with you in 15 minutes, nicole. ashley: tracy, doesn't like syrup on her pancakes. tracy: i don't. i don't use condements. no ketchup, mayonnaise, mustard or syrup. ashley: i just don't get it. is the u.s. economy in a double-dip recession no one knows about? even though we're up big today, economists are saying key economic data is being ignored. why? what is it? liz macdonald joins us. >> we had a wall street executive jon huntsman. he said we're already in recession. it started in the middle of the year. who else but ben bernanke is weighing in whet
. you may be familiar with the july 21st "the wall street journal" editorial washington's tax oracles, that editorial calls in to account jct complete revenue miss with respect to the 2003 capital gains tax cut. bottom line instead of the cost the government revenue the capital gains cut generated tax revenue significantly higher revenue, i think, as we seek to do reform it's critically important we can rely on the revenue estimates from jct. given your experience with the last major reform effort, as jct's chief, you know doubt can appreciate the importance of getting revenue estimates right, mr. brockway. don't you believe there is indeed a need for city nam -- dynamic impact when it comes to lower capital gains. don't you believe it can have a positive macroeconomic input -- what are your thoughts, please? >>. >> is your microphone on? >> i have no doubt that changes in the tax code can have some economic effects. i think it's a political issue, not a scientific issue as to what that economic effect will be. i don't think the staff should be delegated the responsibility to decide.
? videos of the question whether you would hold oracle along? congressman inslee said he's not going to request taxes to be increased. that's true. it is natural request. the legislature will pass tax increases if they get a chance to do so and was suspended due to church requirement to connect the two and from them to a desk, just like all of the other governors. so much the rhetoric and careful use of language. he's not going going to request it. >> moderator: all right. mr. ripley, 30 seconds. >> inslee: if you're interested in what is going on, go to property swap tax.com and see the record for my opponent in fact is proposing a tax increase today. i had just said i am not going to try this to tears because i think it will be necessary. i've got a plan to get people back to work to save money and health care, to embrace lean management systems that use those savings in fact to fund education. >> moderator: thank you your next question. spin that while we talk money, let's talk money for education. the reason that clearly ruling found that the state is not living up to its paramou
to my wife. the oracle says reported fourth century fragment is a fake. it cites concerns about the way in which this fraying meant was purchased. >>> i'm suzanne malveaux. this hour of cnn newsroom, mitt romney's campaign says the president likely will win the debate next week, and he tells us why. >>> also, new pictures from the mars rover show water flowed on the red planet in a big way. plus, a group of runners hit the road to fight the obesity statistics among black women. we road along with them and decided to take a look. let's get right to it. >>> mitt romney raising cash and rallying his supporters for 39 days to go until the presidential election. both romney and mitt romney speaking at fundraisers today. romney held one earlier in philadelphia. the president has one later in washington. at a campaign rally last hour at a military acted any many pennsylvania romney hammered away at the president over the economy. >> i have to tell you that i don't know how a single person who goes to this institution could consider voting for the incumbent for president. i say that for this re
, but when you think about icht t. spending, it is oracle and cisco. the one thing confusing for me is ibm, sap, they both said business is quite strong. accenture just said these are strong. imperricly he's wrong. anecdotely he's right, imperricly he's wrong. >> not just highs but record highs in yesterday's recession. we are seeing the providers do well in today's stock market. >> i'm surprised how often it comes up when i have decision makers talking with me they are unwilling to commit additional capital as needed. we hear it from our guests, it comes up time and again. it is somewhat overstated. can it be paralyzing business to such an extent? but it is there and i think stories like today's "new york times" which indicate perhaps -- >> you mean sorkin. >> no, progress on the front page of "the new york times" perhaps that will be embraced. imagine what would happen if we dealt with the budget deficit in a meaningful way and did deal with the issues? one thinks the uncertainty cloud goes away. if it doesn't, there's something else going on. >> i was referring to a sorkin column arguin
Search Results 0 to 30 of about 31 (some duplicates have been removed)